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Cryptocurrencies Are Making It Impossible To Afford A Great Gaming PC
"This wasn’t entertainment, this was an investment." Let’s rewind the clock a little bit to the Autumn romance of 2013: Bitcoin is showing itself to be more than a passing fad and things are starting to feel real.2013 was the year that you could buy things with cryptocurrency with retailers like Newegg stepping in and giving the strange idea a special kind of legitimacy. 2013 was also the year that AMD made a desperate bid for market share at the high end of the gaming GPU market with the R9–290X The result was a rush on AMD GPUs as people desperate to get on the cryptocurrency bandwagon scrambled to find their piece of the pie, California gold rush style. The price of AMD GPUs soared as retailers marked the cards up significantly over MSRP, selling a product once targeted at PC Gaming enthusiasts to a new class of customer who was willing to reach into deeper pockets because this wasn’t entertainment, this was an investment. Eventually that bubble popped, but we're back in 2017/2018 and this bubble doesnt look like its popping soon. You have to remember that part of the appeal of cryptocurrency mining is that it was an ‘everyman’s’ chance to make some money. A little consumer hardware, your home computer crunching away while you were at work or sleeping… People want that dream of striking it, well, maybe rich, but if not rich, making money for doing effectively nothing other than watch the mining rig do its thing and not letting it catch fire. On that dream, the market has delivered and the GPU is once again king of a new generation of cryptocurrencies. Read the full piece here.